Jonesboro Real Estate Holdings Inc
- Assets
- $24.1m
- Revenue
- $2.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Jonesboro, AR
- Founding
- Data as of
- 09/2021
- EIN
- 71-0835010
Organization Overview
Jonesboro Real Estate Holdings Inc is located in Jonesboro, AR. Jonesboro Real Estate Holdings Inc is a 501(c)(2) and as such, is described as a "Title Holding Corporation for an Exempt Organization" by the IRS.
For the year ending 09/2021, Jonesboro Real Estate Holdings Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $1.7m during the year ending 09/2021. While expenses have increased by 3.3% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION SERVES AS A HOLDING COMPANY FOR THE ACQUISITION OF RENTAL REAL ESTATE AND RAW LAND FOR HEALTHCARE PURPOSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION SERVES AS A HOLDING COMPANY FOR THE ACQUISITION OF RENTAL REAL ESTATE AND RAW LAND FOR HEALTHCARE PURPOSES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matt Parker Top Management Official | OfficerTrustee | 1 | $0 |
Mother Laura Cathcart Chairperson | OfficerTrustee | 1 | $0 |
Benjamin Barylske CFO | Officer | 1 | $0 |
Chris Barber President | Officer | 1 | $0 |
John Freeman Director | Trustee | 1 | $0 |
Guy Patteson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,192,316 |
| Investment income | $5,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,198,105 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,051 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,302 |
| Fees for services: Management | $117,963 |
| Fees for services: Legal | $11,560 |
| Fees for services: Accounting | $1,986 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $43,417 |
| Advertising and promotion | $0 |
| Office expenses | $23,308 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $193,874 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $696,637 |
| Insurance | $77,571 |
| All other expenses | $5,917 |
| Total functional expenses | $1,668,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,493 |
| Savings and temporary cash investments | $11,662 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $6,000 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $17,607,050 |
| Investments—publicly traded securities | $260,453 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $6,147,326 |
| Total assets | $24,050,984 |
| Accounts payable and accrued expenses | $163,115 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $163,115 |
| Net assets without donor restrictions | $23,887,869 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $24,050,984 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jonesboro Real Estate Holdings Inc has recieved totaling $1,156,323.
| Awarding Organization | Amount |
|---|---|
St Bernards Hospital Development Foundation Jonesboro, AR PURPOSE: GENERAL SUPPORT | $1,156,323 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Leavenworth-Jefferson Electric Cooperative Inc Topeka, KS | $0 | $20,178,550 |
Bobbie Bailey Foundation Inc Tucker, GA | $24,485,053 | $1,564,197 |
Association Of Former Students Of Texas A & M University College Station, TX | $202,537,498 | $46,927,604 |
Camber Foundation Durham, NC | $143,536,160 | $30,406,277 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Senior Total Life Care Gastonia, NC | $7,534,285 | $22,491,131 |
Rush Care Inc Meridian, MS | $36,015,536 | $16,929,322 |
Parking Facilities Corporation New Orleans, LA | $111,215,099 | $14,747,604 |
Duke Integrated Network Inc Durham, NC | $2,381,377 | $12,476,427 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |